Counterfeit Checks: Protecting Your Credit Union and Recovering Losses

Name: Counterfeit Checks: Protecting Your Credit Union and Recovering Losses
Start: 2025-08-28T00:00:00+00:00

Counterfeit checks are posing serious and increasing threats to credit unions—especially as mail theft and social engineering schemes become more sophisticated. In this timely and informative webinar, we will walk you through the legal landscape of counterfeit check claims, outline the risks your credit union faces, and explore recovery strategies that many overlook.

Topics include:

The current surge in mail theft and counterfeit check activity
Legal considerations for credit unions facing counterfeit losses
Recovering funds from the bank of first deposit (BOFD): what you need to know
An introduction to ECCHO and how it impacts check processing
How ECCHO Rule 9 can offer a “second chance” to recover losses—even after the standard deadlines pass

Whether you are already an ECCHO member or just starting to explore industry tools and protections, this session will help you reduce risk, improve recovery outcomes, and strengthen your approach to counterfeit check claims.